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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Automotive properties
47117 State Rte 18 Wellington, OH 44090-9264
Entity Owned
~
Est. High Equity
Property ID
US66-1253700
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1976
Total area
11,321 SF
Lot
9.18 ac (399,881 SF)
APN
18-00-034-000-023
UPID
US66-1253700
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$768k
Blend (final)
Blend
$855k
Owner & transaction history
Kts Hodlin LLC
Kts Hodlin LLC
since 2025
Last sale
$918,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+17.4%
Medical building
$1.1M
+13.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wellington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wellington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$550,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$930,000
Current use
OFFICE BUILDING
$1,095,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$1,055,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$930,000
Change: 0% · Conversion: Moderate
WAREHOUSE, STORAGE
$925,000
Change: -1% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$875,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$855k
Range $770k – $941k · ±10% · vs last sale $918k (Aug 3 2025)
Last sale anchor
$918k
Aug 3 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$76 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,485
Tax year 2023
Assessed value
$238,914
Assessed 2023
Previous assessed
$238,920
0.0% YoY
Effective rate
6.06%
On assessed value
Assessed land
$44,125
Assessed improvement
$194,789
Land market value
$126,070
Improvement market value
$556,540
Total market value
$682,610
Applied tax rate
66.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1976
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
11,321 SF
Lot
9.18 ac (399,881 SF)
APN
18-00-034-000-023
UPID
US66-1253700
Jurisdiction
LORAIN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$930,000
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$930,000
WAREHOUSE, STORAGE
Est. value
$925,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$875,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
9.18 ac
Current owner
From public records · entity-resolved
Kts Hodlin LLC
Entity
Mailing address
47117 STATE RTE 18, WELLINGTON, OH 44090-9264
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2025
$918,000
Kts Hodlin LLC
J&j Wellington LLC
Warranty Deed
$708,800 · Oc FCU
Sep 24, 2025
—
J And J Wellington LLC
—
Deed
related
$434,121 · James Mclaughlin
Dec 5, 2023
—
J&j Wellington LLC
—
Deed
related
$213,000 · The Citizens National Bank Of Bluffton
Jul 29, 2022
$700,000
J&j Wellington LLC
Elr LLC
Limited Warranty Deed
—
Jan 3, 2020
—
Elr LLC
—
Deed
related
$544,913 · The First National Bank Of Bellville
—
—
Elr LLC
—
Deed Of Trust
related
$241,000 · First Nat'l Bk/bellevue
—
—
Elr LLC
—
Deed Of Trust
related
$636,000 · First Nat'l Bk/bellevue
—
—
Elr LLC
—
Deed Of Trust
related
$57,000 · First National Bank Of Bellevu
—
—
Elr LLC
—
Deed Of Trust
related
$400,000 · First National Bank Of Bellevu
—
—
Elr LLC LLC
—
Deed Of Trust
related
$500,000 · First National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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